Amsterdam Circle of Chief Economists

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International Association for the Study of Insurance Economics

“The Geneva Association”

15th Meeting of The Geneva Association’s

Amsterdam Circle of Chief Economists

28 February-1 March 2013

Hosted by ING Group in Amsterdam

Conference Venue: ING House, Room USA, Amstelveenseweg 500, 1081 KL Amsterdam

Thursday, 28 February 2013

19:00 Gathering at the lobby of the Apollo Wyndham Hotel, transport by taxi to Conservatorium

Hotel (van Baerlestraat 27)

19:15 Pre-dinner drinks at the Conservatorium Hotel, Tunes Bar, followed by dinner at 20.00 in the

Harmony Room

Friday, 1 March 2013

08:30

09:00

09:10

Gathering at the Hotel Wyndham Apollo lobby, transport to ING House

Start of the Conference and Welcome

Opening Speech , Willem Verhagen, Senior Economist, ING Investment Management

09:40

10:40

11:00

Discussion Session I:

“Insurers, banks and the euro crisis: Comparison of two different investors”

Dr. Arne Holzhausen, Head of Insurance and Wealth Markets, Economic Research, Allianz

SE, Munich

Coffee Break

Discussion Session II:

Maintaining insurance industry profitability - How to replace investment income in a

Nordic insurance perspective”

Peter Brondt, Investor Relations Manager, Tryg, Ballerup

12:00

13:30

14:20

15:20

15:40

16:40

Lunch

Discussion Session III:

“Proposed accounting changes and the impact on insurers and reinsurers”

Dr. Kurt E. Karl, Managing Director, Head of Economic Research & Consulting, Swiss Re,

Zurich

Discussion session IV:

“Different options in addressing long-term guarantees in capital frameworks and the impact on investments”

Jorg Sauren, Advisor to the CRO, ING Insurance and Investment Management, Amsterdam

Coffee Break

Discussion Session V:

“Superstorm Sandy: Impacts and implications for insurers, reinsurers and the debate on climate change”

Dr. Bob Hartwig, President and Economist, Insurance Information Institute, New York

End of conference

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